Is Bitcoin Cheap Yet? Grayscale Flags 2 Catalysts That Could Decide BTC’s Next Move

Key Takeaways Grayscale says bitcoin’s latest decline has pushed BTC below long-term valuation levels. CLARITY Act progress could shape bitcoin market sentiment. Leveraged traders may determine whether selling pressure fades or volatility returns. Bitcoin Valuation Metrics Suggest BTC May Be Undervalued Bitcoin’s recent drop to a new cycle low below $60,000 has sparked a key…

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Coinbase Urges Congress to Treat Stablecoins Like Cash and Ease Crypto Tax Burdens

The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue. Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time they spend a stablecoin or pay a…

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Oracle stock falls as AI funding plans overshadow earnings beat

Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. Summary Oracle beat fiscal fourth-quarter estimates with $2.11 adjusted EPS and $19.18 billion in revenue. The company plans to raise $40 billion through debt and equity financing for AI infrastructure. Oracle’s remaining performance obligation rose 363% to $638 billion, helped by large AI…

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CISA Tells US Agencies to Fix Security Bugs in as Little as 3 Days Thanks to AI Threats

With new generations of AI models fueling both rapid software vulnerability discovery and the potential for faster exploitation by malicious hackers, the United States Cybersecurity and Infrastructure Security Agency released a new directive on Wednesday that requires more rapid and efficient software patching by federal civilian agencies. The “binding operational directive” (BOD) lays out a…

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